{"id":7470,"date":"2022-11-11T12:52:57","date_gmt":"2022-11-11T12:52:57","guid":{"rendered":"https:\/\/dev-espa.summerize.io\/first-stamp-starting-from-january-1-2022\/"},"modified":"2023-08-01T14:48:24","modified_gmt":"2023-08-01T14:48:24","slug":"first-stamp-starting-from-january-1-2022","status":"publish","type":"post","link":"https:\/\/espa.io\/en\/first-stamp-starting-from-january-1-2022\/","title":{"rendered":"First insignia: Starts from 1 January 2022"},"content":{"rendered":"\n
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The terms and conditions of the new First Flag programme<\/strong>, which starts on1<\/sup> January 2022, are set out in a Joint Decision of the Ministers Finance and Labour and Social Affairs<\/a><\/strong>, on the basis of the regulation of the Law. 4855\/2021.<\/p>\n\n

The program – implemented by the Ministry of Labor and Social Affairs – aims to facilitate the first integration of young people into the labor market<\/strong>. At the same time, however, the aim is to create new jobs<\/a><\/strong> in private sector companies. The grant provides incentives<\/strong> for young people to look for<\/strong> the interested company that will hire them to receive the grant. At the same time, employers<\/strong> will want to create new jobs<\/strong> as wage costs are reduced.<\/p>\n\n

The program is open to young people aged 18-29<\/strong> who have no previous employment experience<\/strong> in the private or public sector.<\/p>\n\n

The main axes for the First Signal<\/strong><\/h2>\n\n

Which jobs are subsidized and how<\/strong><\/h2>\n\n

Each new employment position, of indefinite or fixed duration, created and included in this program, is subsidized for a period of six months as follows:<\/p>\n\n

a) A new position with a full-time contract is subsidized with an amount of 1,200 euros<\/strong>, shared between the employee and the employer. In other words, the Ministry of Labour and Social Affairs pays 600 euros directly<\/strong> to the new recruit.<\/strong> The payment is made in six equal monthly installments<\/strong>, in addition to his salary and regardless of its amount. An amount of 600 euros is paid to the employer<\/strong> to cover part of the compensation expenses upon completion of the program.<\/p>\n\n

b) The First Badge<\/strong> also applies to part-time<\/strong> jobs, as it is also aimed at students seeking to gain work experience while studying. The new position with a part-time contract – which cannot be less than 20 hours per week – is subsidised with EUR 600.<\/strong> The \u20ac300 is paid directly to the newly recruited<\/strong> young person in six equal monthly instalments. The remaining 300 are paid to the employer<\/strong> upon completion of the program.<\/p>\n\n

c) If the employment contract is for a fixed term of less than six months,<\/strong> the new post is subsidised in proportion to the duration of the employment contract and according to the type of contract (part-time work is subsidised by half the amount). In any event, the duration of the fixed-term employment contract may not be less than one month.<\/strong><\/p>\n\n

Young people joining the First Signal<\/strong>:<\/p>\n\n